2545 Folkway Dr
Erin Mills, Mississauga, L5L 2J9
FOR SALE
$1,288,888
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BEDROOMS4
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Property Description
Renovated 4 Bedroom Home Nestled in Desirable Erin Mills. New Kitchen with Granite Counter and Brand New Stainless Steel Appliances, Separate Living Room, New Flooring and Paint, Pot Lights and Upgraded Light Fixtures, New Roof (2018), Large Private Backyard with An Inground Pool and Backing onto Green Space. Finished Basement with Rec Room and Wet Bar, Bright Wide Windows, Close to Erin Mills Town Centre, Credit Valley Hospital, UTM, Walking Trails and Easy Access to 403,** 2023 New Furnace. A/C and Hot Water Tank **
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-08 | 2024-04-25 | 48 | $1,300,000 | - | Terminated |
| 2024-01-19 | 2024-03-08 | 49 | $1,388,888 | - | Terminated |
| 2023-12-01 | 2023-12-27 | 26 | $1,269,900 | - | Terminated |
| 2023-11-11 | 2023-11-30 | 19 | $1,299,900 | - | Terminated |
| 2023-10-14 | 2023-11-11 | 28 | $1,375,000 | - | Terminated |
| 2023-09-30 | 2023-10-13 | 13 | $1,449,000 | - | Terminated |
| 2023-09-17 | 2023-09-29 | 12 | $1,585,000 | - | Terminated |
| 2021-07-28 | 2021-08-18 | 21 | $1,289,900 | $1,280,000 | Sold |
| 2020-10-16 | 2020-11-10 | 25 | $999,000 | - | Terminated |
Nearby Intersections
Eglinton & Glen Erin (81)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
48' x 150'
Fronting
North
Taxes
$6,208 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.02' x 17.52' | Laminate, O/Looks Frontyard, Pot Lights |
| Dining | Main | 10.17' x 11.15' | Ceramic Floor, Sliding Doors, W/O To Pool |
| Kitchen | Main | 9.19' x 10.17' | Laminate, Granite Counter, Stainless Steel Appl |
| Family | Main | 10.50' x 15.26' | Laminate, Sunken Room, Pot Lights |
| Prim Bdrm | 2nd | 11.02' x 17.39' | Laminate, Ensuite Bath, O/Looks Frontyard |
| 2nd Br | 2nd | 10.70' x 11.22' | Laminate, Large Window, O/Looks Backyard |
| 3rd Br | 2nd | 10.10' x 11.19' | Laminate, Large Closet, O/Looks Backyard |
| 4th Br | 2nd | 9.19' x 9.19' | Laminate, Closet, O/Looks Frontyard |
| 5th Br | Bsmt | 9.51' x 19.46' | Laminate, Closet, Pot Lights |
| Rec | Bsmt | 13.78' x 23.29' | Laminate, Wet Bar, Pot Lights |
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Mississauga Market Statistics
Mississauga Price Trend
2545 Folkway Dr is a 4-bedroom 4-bathroom home listed for sale at $1,288,888, which is $316,224 (19.7%) lower than the average sold price of $1,605,112 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $95,081 (6.3%) compared to the previous 30 day period (March 8 - April 6) and up $53,584 (3.5%) from the same time one year ago.Inventory Change
There were 341 4-bedroom homes listed in Mississauga over the last 30 days (April 7 - May 6), which is up 69.7% compared with the previous 30 day period (March 8 - April 6) and up 40.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($28,599) (1.8%) below asking price over the last 30 days (April 7 - May 6), which represents a $21,286 decrease compared to the previous 30 day period (March 8 - April 6) and ($4,334) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Mississauga over the last 30 days (April 7 - May 6) stood at 39.0%, down from 80.6% over the previous 30 days (March 8 - April 6) and down from 70.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Mississauga stood at 15 days when successfully sold over the last 30 days (April 7 - May 6), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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